A senior official of the Financial Supervisory Service (FSS) on Friday called for banks to preemptively curb household debts.
Lee Joon-soo, FSS senior deputy governor for banks and nonbanks, made the call in a luncheon with the chairs of the boards …
Seoul shares traded sharply lower late Friday morning as investors cashed in profits from recent rallies in sync with the U.S. market amid signs of cooling U.S. inflation.
The benchmark Korea Composite Stock Price Index had fallen 36.47 points, or 1…
The economic recovery in South Korea has strengthened on solid exports, the manufacturing sector, and domestic demand showing signs of recovering, the finance ministry said Friday.
The Ministry of Economy and Finance made the assessment in the Green…
The music video for K-pop girl group TWICE’s debut single “Like Ooh-Ahh” has garnered more than 500 million views on YouTube.
The video hit the milestone at about 5 p.m. Thursday, the group’s agency, JYP Entertainment said.
It became the band’s eig…
